Mission & Values

Developing Properties that Transform Communities

RIDC catalyzes and supports economic growth through high quality job creation, real estate development and financing of projects that advance the public interest – developing real estate to capture emerging and existing growth opportunities across diverse industry sectors.

In other words, we view RIDC’s success as part of a bigger picture. Our decisions are motivated by the economic development potential of our projects and the ability of our facilities and our tenants to impact the overall community.

Even though we are a nonprofit entity, when we acquire a property that has been abandoned for years, we put it back on the tax rolls and pay property taxes. We redevelop these sites to house jobs and support the community. Even if the simplest, most financially attractive option for RIDC would be to lease a building out as a warehouse, for example, we will continue to invest and market that property to attract the types of companies that will create jobs, grow and create additional economic activity.

We consider ourselves partners in our tenants’ success.

We often make attractive deals with early stage companies that we believe in, investing in build-outs that may take years to pay off. We’re flexible when their space needs change over time and have the ability to move tenants throughout our portfolio. We continually improve our properties to meet the requirements of growing tenants and our ever-expanding and diverse rosters of tenants.

Our campuses are dynamic, synergistic environments that develop a critical mass of talent among multiple companies in related businesses, sharing common amenities and often sharing business opportunities.

And we are good neighbors.

We work closely with communities around the region and maintain close relationships with elected and appointed leaders, ensuring that projects we undertake have their support and are in the best interests of all stakeholders.